Advance Auto Parts 2008 Annual Report Download - page 56

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F-2
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors and Stockholders of
Advance Auto Parts, Inc. and Subsidiaries
Roanoke, Virginia
We have audited the accompanying consolidated balance sheets of Advance Auto Parts, Inc. and subsidiaries (the
"Company") as of January 3, 2009 and December 29, 2007, and the related consolidated statements of operations,
changes in stockholders' equity, and cash flows for each of the three years in the period ended January 3, 2009. These
financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on
these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United
States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used
and significant estimates made by management, as well as evaluating the overall financial statement presentation. We
believe that our audits provide a reasonable basis for our opinion.
In our opinion, such consolidated financial statements present fairly, in all material respects, the financial position of
Advance Auto Parts, Inc. and subsidiaries as of January 3, 2009 and December 29, 2007, and the results of their
operations and their cash flows for each of the three years in the period ended January 3, 2009, in conformity with
accounting principles generally accepted in the United States of America.
As discussed in Notes 2, 12 and 16 to the consolidated financial statements, the Company changed its method of
accounting for uncertain tax positions to conform to FASB Interpretation No. 48, Accounting for Uncertainty in Income
Taxes, in 2007, and its method of accounting for share-based payments to conform to FASB Statement No. 123(R),
Share-Based Payment, in 2006.
We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United
States), the Company's internal control over financial reporting as of January 3, 2009, based on the criteria established in
Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway
Commission and our report dated March 3, 2009 expressed an unqualified opinion on the Company's internal control
over financial reporting.
Richmond, Virginia
March 3, 2009